Cohu Announces Multi-Year Estimated $100 million Win for Test Automation and New Inspection Systems

Cohu, Inc. (NASDAQ: COHU), a global supplier of equipment and services optimizing semiconductor manufacturing yield and productivity, today announced that a leading European electronics and semiconductor manufacturer selected Cohu’s test and inspection automation systems representing an estimated $100 million revenue opportunity over the next 5 years.

In this benchmark award, certain Cohu products were requalified while Cohu also secured a first design-win for its Krypton next generation semiconductor inspection platform.

Krypton is Cohu’s new inspection and metrology platform targeting the growing quality demands for automotive and industrial markets. Based on its unique racetrack architecture combined with Cohu’s sophisticated NV-Core vision technology, it delivers state-of-the-art inspection with up to 30% higher throughput and uptime compared to existing solutions.

According to industry analysts, the automotive semiconductor market is projected to grow approximately 10% annually to $135 billion by 2028. Cohu’s solutions enable customers to test and inspect their next generation products meeting the increasing quality demands for detecting defects as small as 1 µm in high-speed production.

“We are excited to continue to evolve and expand in semiconductor test and inspection, and this latest win reinforces the company’s leading position and commitment to our customers,” commented Luis Müller, Cohu President and CEO. “We are happy to introduce Cohu’s new Krypton inspection platform, expanding our portfolio in a key strategic growth area.”

About Cohu:

Cohu (NASDAQ: COHU) is a global technology leader supplying test, automation, inspection and metrology products and services to the semiconductor industry. Cohu’s differentiated and broad product portfolio enables optimized yield and productivity, accelerating customers’ manufacturing time-to-market. Additional information can be found at www.Cohu.com.

Forward-Looking Statements:

Certain statements contained in this release and accompanying materials may be considered forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, including statements regarding expectations related to customer selections and potential purchases of our testing solutions, systems and platforms; Cohu’s outlook for adoption of its products; market growth rates; success or technology leadership of Cohu’s products and related performance measures; Cohu’s expected share of sales growth in any market segment; and any other statements that are predictive in nature and depend upon or refer to future events or conditions; and/or include words such as “may,” “will,” “should,” “would,” “expect,” “anticipate,” “plan,” “likely,” “believe,” “estimate,” “project,” “intend;” and/or other similar expressions among others. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties and are not guarantees of future performance. Any third-party industry analyst forecasts quoted are for reference only and Cohu does not adopt or affirm any such forecasts.